
Common Crypto Scams and Red Flags
Scams follow a handful of patterns that recur year after year. This guide describes the most common setups, the concrete warning signs, and what you can do if you have already been affected.
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Common crypto scam patterns and concrete red flags to recognise.

Scams follow a handful of patterns that recur year after year. This guide describes the most common setups, the concrete warning signs, and what you can do if you have already been affected.

The European supervisory authorities have issued a joint warning that many crypto-assets are high-risk products and that consumers often lack the protection that applies to regulated financial services. Here is how the warning should be read – without exaggeration.

Before using a service, you should be able to answer who runs it, where it is supervised, and whether the licence it claims actually exists. Here is a practical checklist built on regulatory sources.

Your wallet does not store coins – it stores keys. Here we explain the difference between a private and a public key, what a seed phrase is, how the storage options differ, and the most common mistakes.